Comments Off on Lenexa Kansas Real Estate Market Update – December 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

Lenexa Kansas Real Estate Update
Recent Real Estate Activity In Lenexa KS

Using the past 15 days of real estate sales activity in Lenexa Kansas to calculate the city’s absorption rate, we find there’s 7.5 months of inventory currently on the market. This amount of inventory is considered a slight buyer’s real estate market in the city of Lenexa. The last 12 homes sold (closed) in Lenexa Kansas were on the market an average of 125 days.

Type # Average $ Avg DOM
Listings Past 15 Days 20 $248,692
Total Active Listings 181
Newest Contracts Written 18 $289,633 86
Sold (closed) Past 15 Days 12 $221,613 125

* The Average $ of Newest Contracts Written considers the list price when the homes went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in a category can skew results. Stats cover approximately 15 days from post date. DOM = Days On Market.

The average sales price the past 15 days was nearly $222,000, while the average new listing came on the market at close to $249,000. If you are considering buying or selling a home in Lenexa Kansas, we can help you through the process. You can find more details here regarding selling a Lenexa Kansas home or here regarding buying a Lenexa Kansas home. If you have specific questions, please contact us for assistance.

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Posted by Jason Brown

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